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Every trade on SRD Exchange follows a simple, trustless process powered by a BSC smart contract. When you place an order, USDT is locked in escrow on-chain — neither the buyer, the seller, nor SRD Exchange can touch it until both parties confirm the trade is complete. INR moves through UPI or CDM, and USDT is released automatically once the seller confirms payment. No trust in a counterparty required; the smart contract enforces the rules.

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Trade lifecycle

1

Connect your wallet

Connect a BSC-compatible wallet (such as MetaMask or Trust Wallet) to srd.exchange. Make sure you are on the BNB Smart Chain network before proceeding.
2

Create or accept an order

Browse open buy and sell orders on the order book, or create your own. Set the amount of USDT you want to trade and your preferred payment method — UPI or CDM.
3

USDT locked in escrow

Once an order is matched, the seller’s USDT is locked in the SRD Exchange smart contract on BSC. Neither party can access the funds until the trade completes or is cancelled through the dispute process.
4

Buyer sends INR

The buyer transfers INR to the seller using UPI or by depositing cash at a CDM. The buyer then marks the payment as sent inside the platform.
5

Seller confirms receipt

The seller checks their UPI account or CDM deposit and confirms that the INR has arrived. This triggers the smart contract to release the escrowed USDT.
6

USDT released to buyer

The smart contract transfers the USDT directly to the buyer’s wallet. The trade is complete. SRD Exchange covers the gas fee for this transaction.

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What is escrow?

Escrow is a neutral holding mechanism. Instead of trusting the other trader to hold USDT while you send INR, you trust the code. The smart contract acts as the guarantor for every trade on SRD Exchange.
When a trade is active, the seller’s USDT is held by the SRD Exchange smart contract on Binance Smart Chain — not by SRD Exchange, and not by the buyer. The USDT can only be released in two ways: the seller confirms INR receipt, or a dispute is resolved in the buyer’s favour. Your funds are never at risk of being misappropriated by the platform.
SRD Exchange does not hold user funds permanently. Outside of an active trade escrow, your USDT stays in your own wallet at all times.

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Dispute resolution

If a trade stalls — for example, the buyer claims to have sent INR but the seller has not confirmed — either party can open a dispute through the SRD Exchange Telegram support channel. The support team reviews evidence (such as UPI transaction screenshots or CDM deposit receipts) and intervenes to release or return the escrowed USDT accordingly. Disputes are handled 24/7. To reach the support team, join the official SRD Exchange Telegram community and raise your trade ID with a moderator.